DECLARATIONS
LODGED BY THE REPUBLIC OF PANAMA UNDER THE AIRCRAFT PROTOCOL AT THE TIME OF THE DEPOSIT OF ITS INSTRUMENT OF RATIFICATION *

 

 

Pursuant to Article XXXII of the Protocol and in accordance with its internal legal system, the Republic of Panama makes the following declarations in respect of Article XXX of the Protocol:

 

1. As to Article XXX(1) of the Protocol, it will apply Articles VIII, XII and XIII of the Protocol.

 

 

2. As to Article XXX(2) of the Protocol, it will apply Article X of the Protocol.

 

 

3. As to Article XXX(3) of the Protocol:

 

(a) it will apply the entirety of Alternative A of Article XI of the Protocol to all types of insolvency proceeding, as defined in the Convention;

 

(b) the waiting period under Article XI shall not exceed 60 days.

 

 

* The original version of these declarations was submitted in Spanish. This official version of the declarations is a translation prepared by the UNIDROIT Secretariat.

 

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Declarations lodged by the Republic of Panama under the Cape Town Convention

 

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